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SMME Support as of July 2020

What the Renewable Energy (IPP) Projects have contributed to the Small Medium Micro Enterprises in South Africa

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The purpose of this presentation is to provide the information on what the Renewable Energy (IPP) Projects have contributed to the Small Medium Micro Enterprises in South Africa.

AFRICOAST ENGINEERS SA ESTABLISHES RENEWABLE ENERGY COMPANY

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Renewable energy engineering firm AfiCoast Engineers SA has announced that a new company,
AfriCoast Energy, will now be responsible for all future renewable energy projects - particulary
wind and solar - while it will also play a key role in guiding AfriCoast Engineers' current
basket of renewable energy projects.
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Industry News

North West province records the highest average used-car price – Lightstone

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Car buyers in Gauteng paid, on average, more for their used passenger and light commercial vehicles from June to August this year than buyers in KwaZulu-Natal and the Western Cape, says research house Lightstone. However, Lightstone's analysis of data gleaned from its transactional system, Signio, shows that it was the North West province which recorded the highest average used-vehicle price, with the Free State at the bottom end of the price spectrum.

Ramaphosa welcomes EU’s investment in South Africa

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President Cyril Ramaphosa has welcomed a Team Europe investment package worth nearly €12-billion, announced at the Global Gateway Forum, in Brussels, Belgium, last week. This package builds on the €4.7-billion package announced at the EU-South Africa Summit in March, as previously reported by Engineering News.

BLSA welcomes Eskom’s return to profitability, but notes persisting challenges

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State-owned Eskom’s return to profitability for the first time in eight years, with a profit before tax of R23.9-billion for the 2025 financial year, offers some welcome positive news for the power utility and the broader economy, business organisation Business Leadership South Africa CEO Busi Mavuso highlights in her latest weekly newsletter. The significant reduction in loadshedding this year has improved electricity supply reliability and boosted Eskom’s revenue owing to lower spending on diesel-based open-cycle gas turbines, she points out, adding that the utility’s turnaround was supported by over 350 private sector experts mobilised by the National Electricity Crisis Committee.

TPT handles higher citrus volumes at multiple terminals

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Transnet Port Terminals (TPT) has concluded South Africa’s citrus export season for the year with a 19% year-on-year increase in volumes handled across the country’s ports. TPT says South Africa had one of the best citrus seasons logistically, with the Durban Multipurpose Terminal, in particular, having handled 131% higher volumes than in the prior season.
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